Author: Editor

EIA Gasoline and Diesel Retail Prices Update, May 22, 2018

Analysis by Dr. Nancy Yamaguchi The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended May 21, 2018. As noted in last week’s article, the EIA changed its statistical methodology for measuring motor gasoline prices as of the week ended May 14. The prices listed for the week ended May 14 were not directly comparable to the prices published for May 7. This week’s series now picks up with the weekly price comparisons. Both gasoline and diesel prices continued to rise in all PADDs across the country. Gasoline prices rose...

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2018 Biodiesel Seminar Tour Announced

The National Biodiesel Board, in partnership with several industry sponsors, has announced a series of regional, one-day seminars designed to educate fuel wholesalers, distributors, retailers, marketers, fleets, municipalities, and other end users on the benefits and opportunities surrounding biodiesel. The event. Exploring Biodiesel (XBX), will be offered complimentary to attendees. Organizers say that guests can expect to learn about biodiesel’s place in today’s liquid fuels supply chain. and how the fuel can be leveraged not only as a cleaner burning, renewable complement to diesel fuel, but as a means to increase market share and enhance an organization’s brand. “This...

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EIA: United States Remains the World’s Top Producer of Petroleum and Natural Gas Hydrocarbons

Principal contributors: Linda Doman, Ari Kahan Source: U.S. Energy Information Administration The United States remained the world’s top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world’s top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world’s top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%. For the United States and Russia, total petroleum and natural gas hydrocarbon production, measured in energy content,...

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First Data Named #1 Employer for Veterans and Military Spouses by Military Times

First Data a global leader in commerce-enabling technology, was recognized as the #1 company for the second year in a row on the Military Times annual “Best for Vets: Employers” 2018 list. First Data debuted on the Military Times list in 2015 at #18 and took the top spot in 2017. Military Times bases its annual rankings on veteran employee onboarding processes, company training, Guard and Reserve member policies, and military spouse support. “Veterans have unique skills and experiences that are forged through years of service to their country,” said Frank Bisignano, Chairman and Chief Executive Officer, First Data. “We all have the opportunity to leverage...

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ExxonMobil and Employees Donate Almost $50 Million to U.S. Colleges and Universities

ExxonMobil and its employees are donating $49.8 million to almost 840 institutions of higher education across the country as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program. ExxonMobil employees, retirees, directors and surviving spouses contributed $16.9 million, which was matched with $32.9 million in unrestricted grants from the ExxonMobil Foundation. The program matches donor pledges 3:1 up to $7,500 to qualified colleges and universities in the United States, along with the American Indian College Fund, Hispanic Scholarship Fund and the United Negro College Fund. Since the Educational Matching Gift Program began in 1962, ExxonMobil has donated more than...

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